How to Trade Fractional Shares on Kiwoom Securities

In this post, we'll walk through how to trade fractional shares in the Kiwoom Securities app, simply and easily. Fractional trading has the advantage of letting you invest lightly in a variety of stocks with a relatively small amount of money.

• With Kiwoom Securities fractional trading, you can buy and sell domestic and overseas stocks in fractional units.
• Fractional trading gives you the opportunity to diversify across many stocks even with a small amount.
• Get familiar with how to trade, how to sign up, and the precautions so you can invest efficiently.

What Is Kiwoom Securities Fractional Trading?

Kiwoom Securities fractional trading is a service that lets you trade stocks in fractional units rather than whole shares. This allows investors to invest in the stocks they want even with a small amount. Domestic stocks can be bought from a minimum of KRW 1,000, and overseas stocks from a minimum of USD 1.

How to Trade Fractional Shares on Kiwoom Securities

To trade fractional shares on Kiwoom Securities, you first need to sign up for the service. Follow the steps below to sign up for the domestic and overseas stock fractional trading services.

1) Signing Up for Domestic Stock Fractional Trading

1. Open the Kiwoom Securities Hero S# (영웅문S#) app and select 'Stocks > Domestic Stocks > Fractional' from the menu.
2. Tap 'Start Fractional Trading', enter your account password, and go through the consent steps.
3. Agree to all the required items and tap 'Confirm' to complete the sign-up.

2) Signing Up for Overseas Stock Fractional Trading

1. In the Hero S# app, select 'Menu > Stocks > Overseas Stocks > Fractional'.
2. Tap 'Start Fractional Trading', agree to the terms, and tap 'Confirm' to finish signing up.

How to Trade Fractional Shares on Kiwoom Securities

1) Trading Domestic Stocks in Fractions

1. In the Hero S# app, select 'Easy Investing > Fractional Investing > Domestic Fractional'.
2. Search for and select the stock you want, then choose whether to buy or sell.
3. Enter the amount or quantity and complete the trade.

2) Trading Overseas Stocks in Fractions

1. In the Hero S# app, select 'Easy Investing > Fractional Investing > Overseas Fractional'.
2. Search for and select the stock you want to buy or sell.
3. Enter the purchase amount or the sell quantity and complete the trade.

Precautions When Trading Fractional Shares on Kiwoom Securities

Fractional trading is an easy way to invest in less than one share of domestic or overseas stocks with a small amount of money. However, you should be aware of the following precautions when trading fractional shares.

• Fractional orders can't be placed at a specified (limit) price, so be careful when prices are swinging a lot.
• Some rights, such as voting rights, may be restricted when trading fractional shares.
• Fractional trading carries higher fees than regular trading. Also, when trading overseas stocks in fractions, if you don't hold enough dollars, your funds will be converted automatically, which may incur additional fees.
• Fractional trades are not executed instantly; orders are submitted to the exchange only at set times each day (10:00, 11:00, 13:00, and 15:00).